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SERIES: Shield Five Cents 1866-1883
LEVEL: Year, MintMark, & Major Variety

1883 5C Shield (Regular Strike)

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PCGS MS67+

PCGS MS67

PCGS MS67
PCGS #:
3813
Diameter:
20.50 millimeters
Designer:
James Barton Longacre
Weight:
5.00 grams
Edge:
Plain
Mintage:
1,456,919
Metal Content:
75% Copper, 25% Nickel
Auction Record:
$5,060 • PCGS MS67 • 5-29-2005 • Superior Galleries
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Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 60,000 R-2.4 17 / 17 19 / 19
60 or Better 6,000 R-3.8 17 / 17 19 / 19
65 or Better 1,250 R-4.9 17 / 17 19 / 19
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS67 PCGS grade
1 MS67 PCGS grade  
1 MS67 PCGS grade  
1 MS67 PCGS grade  
1 MS67 PCGS grade  
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS67 PCGS grade
1 MS67 PCGS grade  
1 MS67 PCGS grade  
1 MS67 PCGS grade  
1 MS67 PCGS grade  
1 MS67 PCGS grade  
1 MS67 PCGS grade  
1 MS67 PCGS grade  
1 MS67 PCGS grade  
10 MS66+ PCGS grade  

Ron Guth: In 1883, the Philadelphia Mint produced three different types of Nickels.  The first was the Shield Nickel, the last of its kind.  The second was the Liberty Head type, but there was a problem -- the word CENTS was missing from the back of the coin, creating an opportunity for disreputable individuals to gold-plate them and attempt to pass them off as $5 gold pieces.  The third was the Liberty Head type, now with the word CENTS added to the reverse.

The mintage of the 1883 Shield Nickel was over 1.45 million, placing it in the upper half of the series in terms of raw rarity.  However, many of the coins were saved as souvenirs of the last year of issue or by collectors who hoped that they might be rare someday.  Thus, this date is very common in all Mint State grades up to, and including, MS66.  Above that level, there are only nine PCGS MS67s, and none finer.  As usual, even in the last year of issue, die cracking continued to be a problem.